record exports in March.. but things changed after then in terms of prices too... but I think you will find a lot of hedge funds in America started selling commodities then also.. are they correct? seemed so for a while ( especially with rain on parts of winter wheat belt in northern hemisphere) till now yes , but they have enough weight to make it a self fulfilling prophecy! reminds me of all the funds selling Graincorp, to a fair degree !
I haven't read last night's USDA report which would be fairly instrumental for near term direction, but weather conditions for northern hemisphere crops in next couple of months moreso
GNC Price at posting:
$8.27 Sentiment: Hold Disclosure: Held
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